Better Homeowners 6 Reasons for Rentals  Rental homes have several distinct advantages compared to alternative investments. These advantages coupled with the opportunity for a higher yield make it a clear choice for some investors. Most investments must be paid for in cash. Stocks can be purchased with 50% cash but if the value goes down, […]

Better Homeowners Your Best Investment  According to a Federal Reserve report on Consumer Finances, homeowners’ net worth is 36 times greater than that of renters. Building on that study, the National Association of REALTORS® believes that by the end of 2015, the factor will grow to 41 times greater. There can be several factors that […]

September was a beautiful month with lots of sunshine, and we had rain once a week to keep things green. We haven’t had a hard frost yet, but it should be here soon. The colors here are just about at their peak, but you’ve heard that the grass is always greener somewhere else, so Laurie […]

Better Homeowners The Cost of Co-Signing  It seems fairly innocuous; a friend or family member wants you to co-sign on a loan because they don’t qualify. They assure that they’ll make the payments; they’re quite convincing and very appreciative. You don’t want to disappoint them and after all, it’s not like it’s going to cost […]

Better Homeowners Finding the Best Mortgage  As rates are inching up but still very affordable, buyers should remember that there is an alternative to a fixed rate mortgage that can provide the lowest cost of housing for the homeowners who understand the parameters. A $300,000 fixed-rate mortgage at 4% has a principal and interest payment […]

Better Homeowners Cut Mortgage Insurance  Making additional payments toward the principal of your mortgage will do three things for the homeowner: save interest, build equity and shorten the term on fixed rate mortgages. These things should be beneficial enough to justify the extra payments but another huge advantage is available to those who have private […]

Better Homeowners Lower the Rate & Deduct the Interest  A home can easily be a person’s largest personal asset and it can be a powerful tool to increase financial stability also. Since most mortgages are amortizing, the loan becomes a forced savings account that reduces the unpaid balance with each payment. The equity could be […]

Now that we’re past Labor Day, summer is coming to a close. School started on Tuesday. Bow hunters are out wandering around in the woods looking for deer and elk. The Four Corners Folk Festival happened over the weekend up on top of Reservoir Hill. We had a lot of soggy campers praying for sunshine! […]

Better Homeowners Things That Kill Your Credit  Some people take their credit for granted and don’t start paying attention to it until they need it. The problem with this is that it could delay if not altogether cause the loan to be denied. The most common issue is not correcting items on your credit report. […]

    Labor Day is the first Monday in September Founded in 1882. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.     Lee Riley Jann C. Pitcher Real Estate 2261 Eagle DrivePagosa Springs, CO 81147  (970) 731-4065  [email protected]  www.ISellPagosa.com